BK – New NZD/USD Big Trade Orders

NEW NZD/USD Order

Place Order to Sell 1 Lot NZD/USD at 0.6730

Place Order to Sell 1 More at 0.6913

Stop for ALL at 0.7060

If the Fed disappoints, we also want to use this opportunity to SELL NZD/USD. Ultimately we believe that the dollar should be trading higher because the Fed will be the first to hike (regardless of whether its in Sept or Dec) AND while the RBNZ is more comfortable with the current level of NZD, Wheeler said point blank last night that further easing is likely.

Swing

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